Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for Denmark
LFHU24FEDKA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34,750.00
Year-over-Year Change
3.73%
Date Range
1/1/1983 - 1/1/2024
Summary
This economic trend measures the monthly unemployment rate for females aged 15 to 24 in Denmark. Understanding youth unemployment is crucial for policymakers addressing labor market challenges.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for Denmark series tracks the unemployment rate for young Danish women. This metric provides insights into the labor force participation and economic opportunities available to this key demographic.
Methodology
The data is collected through national labor force surveys conducted by Statistics Denmark.
Historical Context
Policymakers use this trend to inform workforce development programs and labor market policies.
Key Facts
- Denmark has one of the lowest youth unemployment rates in Europe.
- Female youth unemployment is typically higher than male youth unemployment.
- Unemployment among young women can impact broader economic growth and social equity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for females aged 15 to 24 in Denmark.
Q: Why is this trend relevant for users or analysts?
A: Tracking youth unemployment, especially among women, is crucial for understanding labor market challenges and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by Statistics Denmark.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to inform workforce development programs and labor market policies.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be some delays in reporting due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for Denmark (LFHU24FEDKA647N), retrieved from FRED.